Quarterly report pursuant to Section 13 or 15(d)

ACCOUNTS PAYABLE AND ACCRUED EXPENSES

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ACCOUNTS PAYABLE AND ACCRUED EXPENSES
 6 Months Ended
Jun. 30, 2013
Notes to Financial Statements  
Note 8. ACCOUNTS PAYABLE AND ACCRUED EXPENSES

Accounts payable and accrued expenses consisted of the following:

 

    June 30,     December 31,  
    2013     2012  
Accounts payable   $ 1,547,478     $ 159,118  
Accrued officers’ salary     60,000       75,000  
Accrued interest     304,362       75,408  
Accrued payroll taxes     57,850       57,850  
Customer deposits     -       10,000  
    $ 1,969,690     $ 377,376